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Indicate whether the statement is true or false.


T

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Which of the following statements is CORRECT, assuming positive interest rates and holding other things constant?

A. Banks A and B offer the same nominal annual rate of interest, but A pays interest quarterly and B pays semiannually. Deposits in Bank B will provide the higher future value if you leave your funds on deposit. B. The present value of a 5-year, $250 annuity due will be lower than the PV of a similar ordinary annuity. C. A 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. D. A bank loan's nominal interest rate will always be equal to or greater than its effective annual rate. E. If an investment pays 10% interest, compounded quarterly, its effective annual rate will be greater than 10%.

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What are three ways we use defensive communication against face threats? What communicative strategies are used in each form?

What will be an ideal response?

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Average cost per transaction is needed to determine ________

A) future sales growth rates B) current sales rates C) payroll rates D) the monthly fixed costs E) the break-even point

Business

Which of the following legislations makes it a criminal offense to willfully make any untrue statement of material fact in a registration statement filed with the SEC?

A) Section 24 of the Securities Act of 1933 B) Tax Reform Act of 1976 C) Private Securities Litigation Reform Act of 1995 D) Section 10(b) of the Securities Exchange Act of 1934

Business